Afghanistan Current Account to GDP

Afghanistan recorded a Current Account deficit of 44 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Afghanistan is reported by the Da Afghanistan Bank. Current Account to GDP in Afghanistan averaged -53.55 Percent from 2003 until 2013, reaching an all time high of -41.90 Percent in 2005 and a record low of -75.20 Percent in 2006. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Afghanistan Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-21

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-44.00 -42.70 -41.90 -75.20 -45.33 | 2014/06 2003 - 2013 Percent Yearly

TO

Afghanistan Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Gold Reserves 21.87 2013-12-31 21.87 21.87 21.87 21.87 2014-03-31 Tonnes [+]
Balance of Trade -8518.00 2013-03-31 -6014.00 -1660.92 -8518.00 -11415.54 2014-06-30 USD Million [+]
Current Account -9239.00 2013-03-31 -8490.00 -1371.50 -9239.00 -10295.12 2014-06-30 USD Million [+]
Current Account to GDP -44.00 2013-03-31 -42.70 -41.90 -75.20 -45.33 2014-06-30 Percent [+]
Exports 414.51 2013-03-31 375.85 837.04 69.10 415.08 2014-06-30 USD Million [+]
Imports 8932.39 2013-03-31 6390.31 6390.31 1966.07 9119.13 2013-12-31 USD Million [+]
[+]


Current Account to GDP | Notes
The Current account balance as a percent of GDP provides an indication on the level of international competiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.


RELATED NEWS

Afghanistan Gold Reserves at 21.87 Tonnes  
Gold Reserves in Afghanistan remained unchanged at 21.87 Tonnes in the fourth quarter of 2013 from 21.87 Tonnes in the third quarter of 2013. Gold Reserves in Afghanistan is reported by the World Gold Council.
Afghanistan Interest Rate at 15.00 Percent  
The benchmark interest rate in Afghanistan was last recorded at 15 percent. Interest Rate in Afghanistan is reported by the Da Afghanistan Bank.
Afghanistan GDP Annual Growth Rate at 11.80 Percent  
The Gross Domestic Product (GDP) in Afghanistan is expected to expanded 11.8 percent in the fiscal year 2012-13 from the previous year. GDP Annual Growth Rate in Afghanistan is reported by the Central Statistics Organization of Afghanistan.
Afghanistan Balance of Trade at -8518.00 USD Million  
Afghanistan recorded a trade deficit of 8518 USD Million in 2013. Balance of Trade in Afghanistan is reported by the Central Statistics Organization of Afghanistan.
Afghanistan Imports at 8932.39 USD Million  
Imports in Afghanistan increased to 8932 USD Million in the fiscal year 2012-13 from 6390 USD Million in the fiscal year 2011-12. Imports in Afghanistan is reported by the Central Statistics Organization of Afghanistan.
Afghanistan Exports at 414.51 USD Million  
Exports in Afghanistan decreased to 441.5 USD Million in the fiscal year 2012-13 from 376 USD Million in the fiscal year 2011-12. Exports in Afghanistan is reported by the Central Statistics Organization of Afghanistan.
Afghanistan Inflation Rate at 5.30 Percent  
The inflation rate in Afghanistan was recorded at 5.30 percent in February of 2014. Inflation Rate in Afghanistan is reported by the Central Statistics Organization of Afghanistan.
Afghanistan Personal Income Tax Rate at 20.00 percent  
The Personal Income Tax Rate in Afghanistan stands at 20 percent. Personal Income Tax Rate in Afghanistan is reported by the Afghanistan Revenue Department.
Afghanistan Corporate Tax Rate at 20.00 percent  
The Corporate Tax Rate in Afghanistan stands at 20 percent. Corporate Tax Rate in Afghanistan is reported by the Afghanistan Revenue Department.
Afghanistan Sales Tax Rate at 5.00 Percent  
The Sales Tax Rate in Afghanistan stands at 5 percent. Sales Tax Rate in Afghanistan is reported by the Afghanistan Revenue Department.
MORE RELATED NEWS

LATEST NEWS

Japanese Trade Deficit Widens in March  
Japan’s trade gap increased to a wider-than-expected ¥ 1446.3 billion in March of 2014, up from a revised ¥ 802.5 billion deficit in the previous month and a ¥ 356.9 billion gap a year earlier, as energy imports continued to rise.
Chile Leaves Monetary Policy Unchanged  
At its April 17th, 2014 meeting, Central Bank of Chile left the benchmark interest rate on hold at 4 percent, following last month's cut, citing low output and demand, but hinted possible future rate cuts, depending on domestic and external conditions.
Russia Unemployment Drops in March  
Russian jobless rate fell for the first time in four months to 5.4 percent, after remaining stable at 5.6 percent in the previous two months.
Canada Inflation Rises Above Forecasts in March  
The annual consumer prices in Canada accelerated to 1.5 percent in March of 2014 following a 1.1 increase in the previous month, as energy prices surged.
US Jobless Claims Rise Slightly  
In the week ending April 12, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 300,000 to 302,000. There were no special factors impacting this week's initial claims.
Brazil Unemployment Rate Down to 5%  
In March of 2014, Brazil’s jobless rate fell by 0.1 percentage point to 5 percent, below market forecasts. A year earlier, unemployment reached 5.7 percent.
Dutch Unemployment Rate Falls for the First Time in 2014  
In March of 2014, Netherlands’ seasonally adjusted jobless rate fell to 8.7 percent from 8.8 percent in the previous month and 8.1 percent a year earlier, as more people left permanently the labor market rather than found jobs.
Singaporean Trade Surplus Narrows Sharply in March  
The trade surplus decreased 51.1 percent in March of 2014 over a year earlier and 47.2 percent from February to SGD 2.3 billion. Imports rose at a faster pace than exports, as sales of pharmaceuticals and electronics fell, while shipments of petrochemicals and re-exports contributed to overall increase.
Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News